UAE, February 28, 2018 - Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, announced that they start accepting Value Added Tax (VAT) payments to the Federal Tax Authority. All entities that are registered under the Federal Tax Authority (FTA) and possess a TAX Registration Number (TRN) and a GIBAN bank account number can visit any of the 180 branches of Al Ansari Exchange across the UAE to make their VAT payments to the FTA. 

Rashed Al Ansari, General Manager, Al Ansari Exchange, said: “We are confident that our new service will help corporates make their VAT payments to the authority easier, as they can benefit from our geographical reach in all the emirates and our flexible working hours seven days a week to conveniently settle their Value Added Tax (VAT) payments in time.